Lockheed Martin Says Record Backlog Will Fuel Sales Growth 'for Years to Come'
Lockheed Martin (LMT) beats Q2 estimates with $20.06B revenue, a record $230B backlog, and raised 2026 guidance.
Lockheed Martin did really well this quarter and has tons of orders waiting to be filled—like a pizza place with a huge line of customers pre-ordered. This big backlog (list of future work) suggests the company should have steady business and sales for many years, which is a sign that people trust them.
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